Liquefied Petroleum Gas (LPG) Market to witness growth due to increase in Fleet. - PowerPoint PPT Presentation

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Liquefied Petroleum Gas (LPG) Market to witness growth due to increase in Fleet.

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Title: Liquefied Petroleum Gas (LPG) Market to witness growth due to increase in Fleet.


1
Liquefied Petroleum Gas (LPG)
Liquefied Petroleum Gas (LPG) Market -
Opportunities and Forecasts, - 2022
2
 
Liquefied Petroleum Gas (LPG) Market Overview 
  • Liquefied petroleum gas (LPG) is a flammable
    mixture of hydrocarbon gases that is used as fuel
    in heating appliances, vehicles, aerosol
    propellant, refrigerant and cooking equipment
    etc. In terms of cost and environmental benefits,
    LPG is way ahead of conventional fuels such as
    coal and wood.
  • LPG is considered a revolutionary fuel solution
    for various sectors, such as industries,
    residential, chemical, automotive and refinery. 
  •  LPG has a substantial market share in the
    residential and auto fuel sector, and the demand
    for LPG is expected to rise in the forecast
    period as well.
  • Government initiatives to encourage the
    commercialization of LPG as cooking and auto fuel
    is the primary reason behind market growth. 

3
 
Liquefied Petroleum Gas (LPG) Market Segment 
  • Liquefied petroleum gas (LPG)  market is
    segmented based on source, application and
    geography.
  •  Based on source , the Liquefied petroleum gas
    (LPG)  market  is further segmented into
    refineries, associated gas and non-associated
    gas.
  • Based on application, the market is further
    segmented into commercial, chemical, industrial,
    auto fuel, refineries and other.
  • Based on geography, the market is further
    segmented into Europe, North America, Asia
    Pacific and LAMEA. 

4
 
Liquefied Petroleum Gas Key Market Segment 
5
 
Liquefied Petroleum Gas Market key benefits  
  • The report provides an in-depth analysis of the
    global LPG market, including information about
    current market situations, changing market
    dynamics, expected trends and market
    intelligence.
  • Driving and restraining factors of the market are
    comprehensively analyzed.
  • Porters Five Force model and SWOT illustrates
    the potency of buyers and sellers in the market
    and would help stakeholders to make strategic
    decisions.
  • The analysis assists stakeholders in
    understanding the key strategies adopted by
    companies to gain traction in the LPG market.
  • Micro level analysis is conducted based on
    product types, applications and regions.

6
 
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